The Government has sufficient fuel stocks to last for approximately one month, the Energy Ministry said, amid growing concerns over possible supply disruptions linked to escalating geopolitical tensions.

Speaking to The Daily Morning yesterday (10), Deputy Energy Minister Arkam Ilyas said that while current reserves remain adequate, discussions are underway at multiple levels to address potential crises if the global fuel market deteriorates further.

“We have enough fuel for another month and after that we don’t have any buffer stocks. We are having constant discussions to grapple with this situation,” he said.

His remarks come against the backdrop of mounting uncertainty in the global energy market due to ongoing tensions in the Middle East, which have already triggered volatility in international oil prices.

The Deputy Minister also rejected allegations by trade unions that the country lacks sufficient storage capacity to maintain a 30-day fuel reserve.

Convenor of the Petroleum Trade Unions Confederation, Ananda Palitha, has accused the Government of failing to maintain adequate storage facilities despite claims to the contrary. However, Ilyas dismissed these assertions, maintaining that the necessary capacity exists to hold the current stocks.

The Ministry’s statement comes as several regional countries begin implementing precautionary measures in anticipation of a possible energy crisis.